Around 100 Smart Cities will be built across India to satisfy the growing demand posed by the ever increasing urban population. According to PM, future mega cities will be built on the availability of next generation infrastructure. This is a tremendous shift from the earlier trend of developing mega cities that were dependent on the availability of river water. The Smart Cities are the representatives of Digital India. Smart Cities and Industrial Corridors:- Part of a bigger agenda of developing industrial corridors between the big metropolitan cities in India, Smart Cities are the pockets where technically savvy work force purchase apartments and stay in! The multinational companies located at SEZ areas receive a bulk of their technically sound human resource from these areas. ATS Picturesque Reprieves Price / ATS Pious Hideaways Price / ATS Kingston Heath Price / ATS Veritas Price
Features of Smart Cities:- The Smart Cities have been developed following a robust plan framed by the central and state governments. Below-mentioned is some of the features: Infrastructure developed using latest technology, Access to the smart energy resources, Ultra-fast mediums of transport, Advanced public utility services and Eco-friendly civic infrastructure. It is predicted that by 2030, 843 million people will constitute the urban population. This massive population should be provided with proper accommodation, civic amenities, faster means of transport, uninterrupted water and power supply and as a whole, there should be enough provisions for a good life. These digitally savvy settlement clusters are being developed to cater to the growing demands of an ever increasing population.
How will Smart Cities Leave an Impression on Indian Real Estate? Builders in Noida, New Delhi, Mumbai and other cities are pinning their hopes on the development of Smart Cities. First of all, the cost of operation in these modern settlements is much lower than other urban pockets. Better use of renewable sources of energy, faster transport mediums, adherence with green norms, well-maintained roads, active civic systems, digitize administrative sectors cut down the total cost of developing the residential real estate projects. Apart from this, more people want to buy apartments here. Thus, according to government’s futuristic plans, some of the industrial corridors between big metropolitan cities in India will be recreated into Smart Cities.
Take for example, the top real estate builders in Noida are coming up with both luxury and ordinary housing projects to cater to the demands of buyers. Gaur City Resale Flats booking, Proximity to SEZ and IT hubs are encouraging young professionals to buy apartments in the urban pockets of ATS Picturesque Reprieves-New home. As the cost of operation is lower here in Smart Cities, the real estate developers are keeping the price of the apartments much lower than what you find in rest of the parts of a city. Apart from these exciting features meant for the users, a housing project developed in a Smart City opens up more opportunities for IT, architecture, interiors and other application designs thereby expanding the employment options and offering better facilities to the buyers as well.
